Natural Resource Management: Challenges and Policy Options
Posted: 16 Sep 2011
Date Written: October 2011
Abstract
Much of the improvement in living standards in developed and developing countries is attributable to the exploitation of nonrenewable and renewable resources. The problem is to know when the exploitation occurs at rates and with technologies that are sustainable. If the technologies used are not sustainable, resource exploitation presents a serious problem for the future because welfare will decrease. A long-term management perspective is needed to avoid irreversible degradation of renewable resources. This article examines major challenges to natural resource management as well as policy options.
Suggested Citation: Suggested Citation
Coria, Jessica and Sterner, Thomas, Natural Resource Management: Challenges and Policy Options (October 2011). Annual Review of Resource Economics, Vol. 3, Issue 1, pp. 203-230, 2011, Available at SSRN: https://ssrn.com/abstract=1928405 or http://dx.doi.org/10.1146/annurev-resource-083110-120131
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